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	<title>Comments on: Maglev Loses $45 Million</title>
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		<title>By: Tommy</title>
		<link>http://www.maglev.net/news/maglev-loses-45-million/comment-page-1/#comment-296</link>
		<dc:creator>Tommy</dc:creator>
		<pubDate>Tue, 23 Mar 2010 17:58:29 +0000</pubDate>
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		<description>REASONS FOR MAGLEV LOSING ITS FUNDING:

$45 million was only going to go to lobbyists, out of town consultants and investment bankers and COULD NOT BE USED FOR CONSTRUCTION.  Even if it could have been used for construction, which it could not, that would have paid for about one quarter to one half of a mile – based upon maglev cost estimates prepared by three different public agencies in this country 

Congress actually shifted those funds to a real project in Las Vegas that will immediately get people to work 

The maglev project was only going to extend 40 miles to Primm – it was not going to be environmentally cleared for construction beyond that point even if they had gotten the $45 million 

They have no money to build it to Anaheim let alone to Primm 

The major reason they did not ever receive the $45 million is that they never came up with the required 20% local matching funds – they tried to convince the Federal Railroad Administration to allow them to use “in-kind services” as the local match, not real private money – which they never committed 

They were always many years away from being able to build anything even if they could have come up with the untold billions of dollars needed for it 

The DesertXpress project will be able to start this year without any public grants – 200 miles to Victorville and soon thereafter another 50 miles to Palmdale 

Just the first phase of DX creates approximately 50,000 years of construction employment, reaching about 20,000 workers at the peak of construction</description>
		<content:encoded><![CDATA[<p>REASONS FOR MAGLEV LOSING ITS FUNDING:</p>
<p>$45 million was only going to go to lobbyists, out of town consultants and investment bankers and COULD NOT BE USED FOR CONSTRUCTION.  Even if it could have been used for construction, which it could not, that would have paid for about one quarter to one half of a mile – based upon maglev cost estimates prepared by three different public agencies in this country </p>
<p>Congress actually shifted those funds to a real project in Las Vegas that will immediately get people to work </p>
<p>The maglev project was only going to extend 40 miles to Primm – it was not going to be environmentally cleared for construction beyond that point even if they had gotten the $45 million </p>
<p>They have no money to build it to Anaheim let alone to Primm </p>
<p>The major reason they did not ever receive the $45 million is that they never came up with the required 20% local matching funds – they tried to convince the Federal Railroad Administration to allow them to use “in-kind services” as the local match, not real private money – which they never committed </p>
<p>They were always many years away from being able to build anything even if they could have come up with the untold billions of dollars needed for it </p>
<p>The DesertXpress project will be able to start this year without any public grants – 200 miles to Victorville and soon thereafter another 50 miles to Palmdale </p>
<p>Just the first phase of DX creates approximately 50,000 years of construction employment, reaching about 20,000 workers at the peak of construction</p>
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